Landor saw that his own horse was the best; and it bid very fair to play out soon enough. But until it should do so, his course was plain. He gathered his reins in his hands. "You can mount behind me, Cabot," he said. The man shook his head. It was bad enough that he had come down himself without bringing others down too. He tried to say so, but time was too good a thing to be wasted in argument, where an order would serve. There was a water hole to be reached somewhere to the southwest, over beyond the soft, dun hills, and it had to be reached soon. Minutes spelled death under that white hot sun. Landor changed from the friend to the officer, and Cabot threw himself across the narrow haunches that gave weakly under his weight.I didnt notice any, admitted Larry.This was a thunderstroke to NewcastleLegge,[120] who had been so pliant, thus to rebel. Newcastle, in his consternation, hastened to Pitt, imploring him to use his influence with Legge, and promising him the Seals as Secretary, engaging to remove all prejudice from the king's mind. But not only Pitt, but the public, had been long asking whether, in these critical times, everything was to be sacrificed for the sake of this old grasping jobber at the Treasury? whether Newcastle was to endanger the whole nation by keeping out of office all men of talent? Pitt stood firm: no offers, no temptations, could move him. Newcastle, finding Pitt unmanageable, flew to Fox, who accepted the Seals on condition of having proper powers conceded to him, and agreed to support the treaties, against which he had been equally as violent as Pitt, having just before said to Dodington, "I am surprised you are not against all subsidies." Robinson was consoled with a pension of two thousand pounds a year and the post of Master of the Wardrobe. The king had returned from Hanover, and Fox was not to receive the Seals till two days after the meeting of Parliament, so that he might keep his place and support the Address. By his accession to office he changed the violence of the opposition of the Duke of Bedford, and brought the support of the Russells to the Ministry. This strength, however, did not prevent the certainty of a breakup of the Cabinet. Pitt was now arrayed against his former colleagues.127The spring of 1720 was a period of remarkable national prosperity. But "the grand money schemes projected of late," which appeared to the Jacobite Atterbury and others calculated to cement the royal peace and strengthen the foundation[46] of the Government and nation, were destined to produce a very different effect. For the South Sea Bubble was about to burst. In 1711, Harley, being at his wits' end to maintain the public credit, established a fund to provide for the National Debt, which amounted to ten millions of pounds. To defray the interest he made permanent the duties on wine, vinegar, and tobacco, etc. To induce the purchase of the Government stock, he gave to the shareholders the exclusive privilege of trading to the Spanish settlements in South America, and procured them an Act of Parliament and a royal charter, under the name of the South Sea Company. The idea, hollow and groundless as it was, seized on the imagination of the most staid and experienced traders. All the dreams of boundless gold which haunted the heads of the followers of Drake and Raleigh were revived. The mania spread through the nation, and was industriously encouraged by the partisans of Harley. But this stupendous dream of wealth was based on the promises of Ministers, who at the Peace of Utrecht were to secure from the Government of Spain this right to trade to its colonies. The right was never granted by that haughty and jealous Power, further than for the settlement of some few factories, and the sending of one small ship annually of less than five hundred tons. This, and the Assiento, or privilege of supplying those colonies with African slaves, were the sole advantages obtained, and these were soon disturbed by the war with Spain, which broke out under Alberoni. The South Sea Company, however, from its general resources, remained a flourishing corporation, and was deemed the rival of the Bank of England.The Scottish rebellion had been an auspicious circumstance for the arms of France. Marshal Saxe had taken the field, to the surprise of the Allies, in the very middle of winter, invested Brussels, and compelled it to surrender on the 20th of February, 1746. One town fell after another; Mons, Antwerp, Charleroi, and finally, Namur capitulated on the 19th of September, after a siege of only six days. As soon as Cumberland could leave Scotland after the battle of Culloden, he returned to London, in the hope that he should be appointed, covered, as he was, with his bloody laurels, to the supreme command of the Allied forces in Flanders, where he flattered himself he could arrest the progress of the French. But that command had been conferred on Prince Charles of Lorraine, the Emperor's brother, much to the disgust of both Cumberland and the king. On the 11th of October the Prince of Lorraine engaged the French at Raucoux, on the Jaar, and was signally defeated; the English cavalry, under General Ligonier, managing to save his army from total destruction, but not being able to stem the overthrow. At the close of the campaign the French remained almost entire masters of the Austrian Netherlands.
